BUSINESS

Home
BUSINESS

Oxfam Raises Alarm Over Deepening Inequality In Nigeria: 83 Million Poor, 10% Control 90% Of Wealth 0
- BUSINESS, SLIDE
- August 8, 2025
Oxfam Raises Alarm Over Deepening Inequality in Nigeria: 83 Million Poor, 10% Control 90% of Wealth Oxfam – Nigeria’s deepening inequality continues to trap millions in poverty while concentrating the nation’s wealth in the hands of a privileged few, according to John Makina, Country Director of Oxfam in Nigeria. Speaking on Thursday in Abuja at
READ MORE
Peter Obi Demands Clarity on $500m Airport Loan As FG Approves N712bn For Lagos Terminal Renovation 0
- BUSINESS, SLIDE
- August 7, 2025
Peter Obi Demands Clarity on $500m Airport Loan as FG Approves N712bn for Lagos Terminal Renovation ABUJA – Former presidential candidate and Labour Party (LP) flagbearer in the 2023 general elections, Peter Obi, has raised serious questions over Nigeria’s infrastructural spending priorities, querying the status of a $500 million loan allegedly secured by the Federal
READ MORE
Borrowing to Service Debt May Become Vicious Cycle, Experts Warn FG 0
- BUSINESS, SLIDE
- August 6, 2025
Borrowing to Service Debt May Become Vicious Cycle, Experts Warn FG LAGOS – Nigeria’s rising external debt service burden is igniting fears of a fiscal trap as new data shows the Federal Government spent $1.4 billion servicing external debt in the first quarter (Q1) of 2025, a 24 percent year-on-year increase, according to figures from
READ MORE

Makurdi Residents Reel Under Soaring Petrol Prices ₦1,700 As Marketers Shut Down Stations 0
- BUSINESS, SLIDE
- August 6, 2025
Makurdi Residents Reel Under Soaring Petrol Prices ₦1,700 As Marketers Shut Down Stations Motorists and commercial motorcyclists in Makurdi, the capital of Benue State, are enduring an unprecedented petrol crisis as pump prices skyrocketed to as high as ₦1,700 per litre. The surge followed the sudden closure of filling stations by fuel marketers who embarked
READ MORE
President Tinubu Has Vowed To Aggressively Revive The Nations Conomy 0
- BUSINESS, SLIDE
- August 5, 2025
President Bola Tinubu has vowed to aggressively revive the nations economy by reviving the rich cocoa plantations and oil palm trees. President Tinubu stated this during an entrepreneurship program in Akure. President Tinubu Represented by vice president Kashim Shettima, said one million Palms trees would be planted across the country. On his part,Ondo State Governor
READ MORE
Northern Nigeria Receives Over Half Of 2024–2025 Capital Budget, Budget Office DG Reveals 0
- BUSINESS, SLIDE
- August 5, 2025
Northern Nigeria Receives Over Half of 2024–2025 Capital Budget, Budget Office DG Reveals The Director-General of the Budget Office of the Federation, Tanimu Yakubu, has refuted growing claims of marginalization of northern Nigeria in President Bola Ahmed Tinubu’s administration. Speaking in Abuja, Yakubu revealed that over 50% of the federal capital budget for 2024 and
READ MORE